ProSiebenSat.1 CEO on 2Q Earnings, Streaming Service, Asset Sale

ProSiebenSat.1 CEO on 2Q Earnings, Streaming Service, Asset Sale

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Business

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The video discusses the company's progress on its transformation agenda, highlighting a 4% revenue growth in the second quarter and a shift towards non-TV advertising. The launch of a new streaming platform, Join, is detailed, with 3.8 million users in the first month. The company aims to reach 10 million users in two years. The video also covers competition with rivals like RTL and potential collaborations. Asset management strategies are discussed, focusing on maintaining a strong asset footprint and reinvesting in strategic priorities.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the target number of users for the streaming platform within the first two years?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What strategy is being considered regarding noncore assets?

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